Capital Market Developments on Indonesia's Economic Growth in 2019-2023: Challenges and Prospects in the Future

View Full Paper

Ask AI

Bookmark

Authors

Discussion

Literature review shows sharia capital market's role in economic growth in Indonesia, indicating challenges and prospects ahead.

The sharia capital market has significantly contributed to Indonesia's economic growth from 2019 to 2023, refining national GDP proportions.
Increased assets and market capitalization reflect the growing importance of the sharia capital market in financial inclusion.
Innovation in sharia products and ongoing regulatory support from OJK are vital for sustainable economic growth in Indonesia.
Consistent growth in the number of investors reveals the potential of the sharia capital market to enhance economic stability.

Putri et al. (2024) studied this question.

View Full Paper

Ask AI

Bookmark